Money supply metrics, the Austrian take
Good news everyone!
THE CONTRARIAN TAKE is moving over to the Forbes Blog.
The URL for my new site is here…
http://blogs.forbes.com/michaelpollaro/
And directly to my Money supply metrics, the Austrian take essay here…
http://blogs.forbes.com/michaelpollaro/money-supply-metrics-the-austrian-take/
Hope you follow me to Forbes
Regards,
Michael
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[...] From TrueSlant [...]
[...] Austrian money supply measure TMS is superior to the 'M's' published by the Fed. Read 'Money supply – the Austrian take'. The problem with broad measures such as M2 is that they contain non-money components [...]
[...] components the various money supply measures contain has been written up by Michael Pollaro in 'Money supply metrics, the Austrian take'. Pollaro has come up with an excellent and elegant Solomonic solution – he refers [...]
[...] Shostak is a narrower measure of money than TMS, as AMS excludes savings deposits. We hold with Michael Pollaro that it is probably best to refer to AMS as 'narrow Austrian money supply' and to TMS as [...]
[...] April 19th, 2010, I penned an essay called Money supply metrics, the Austrian take in which I presented the logic behind what I believe to be the correct formulation of the money [...]
[...] For the logic behind the formulation of Austrian money supply, read Money Supply Metrics, the Austrian Take. [...]
[...] For the logic behind the formulation of Austrian money supply, read Money Supply Metrics, the Austrian Take. [...]
[...] For the logic behind the formulation of Austrian money supply, read Money Supply Metrics, the Austrian Take. [...]
[...] *Also called True Money Supply, or TMS1 and TMS2. For definitions of TMS, see here. [...]
[...] For the logic behind the formulation of Austrian money supply, read Money Supply Metrics, the Austrian Take. [...]
[...] For the logic behind the formulation of Austrian money supply, read Money Supply Metrics, the Austrian Take. [...]
[...] http://trueslant.com/michaelpollaro/2010/04/19/money-supply-metrics-the-austrian-take/ [...]